1
00:00:05,200 --> 00:00:10,800
Speaker 1: Live from the Heartland and the Crossroads of America. It's

2
00:00:10,880 --> 00:00:39,520
Speaker 1: Tony Cats today, a Hundai plant in Georgia. Four hundred

3
00:00:39,560 --> 00:00:41,960
Speaker 1: and seventy five people arrested.

4
00:00:42,080 --> 00:00:43,600
Speaker 2: That is all just breaking.

5
00:00:44,000 --> 00:00:50,200
Speaker 3: Oh and this economy, these jobs numbers are nuts. Tony Cats,

6
00:00:50,880 --> 00:00:52,040
Speaker 3: Tony Cats today.

7
00:00:52,600 --> 00:00:54,120
Speaker 2: How in the world are you?

8
00:00:54,760 --> 00:00:57,880
Speaker 3: Eight three three got Tony eight three three four six

9
00:00:58,040 --> 00:00:59,440
Speaker 3: eight eight six six'.

10
00:00:59,600 --> 00:01:01,280
Speaker 2: Nine and that's how you get to be a part

11
00:01:01,760 --> 00:01:03,880
Speaker 2: of the. Show glad that you're.

12
00:01:03,920 --> 00:01:06,880
Speaker 3: Here if you're not part of the live, stream you

13
00:01:06,920 --> 00:01:10,440
Speaker 3: can get that over at the YouTube's Tony. Katz you

14
00:01:10,480 --> 00:01:13,679
Speaker 3: can also go To twitter X Tony, Katz, Facebook Tony Kats.

15
00:01:13,760 --> 00:01:15,840
Speaker 3: Radio easy to, find easy to be a part. Of

16
00:01:16,200 --> 00:01:18,080
Speaker 3: get in the chat. Room we could say hi to your.

17
00:01:18,080 --> 00:01:21,120
Speaker 3: Mom whatever it is you. Want four and seventy five

18
00:01:21,160 --> 00:01:24,960
Speaker 3: people is a lot of. People four hundred and seventy

19
00:01:25,000 --> 00:01:28,520
Speaker 3: five people are arrested in an ice.

20
00:01:28,640 --> 00:01:30,480
Speaker 2: Raid now are we saying?

21
00:01:30,680 --> 00:01:33,480
Speaker 3: That that means there were four hundred and seventy five

22
00:01:33,520 --> 00:01:41,959
Speaker 3: illegal immigrants working at A hyundai plant In. GEORGIA i

23
00:01:42,000 --> 00:01:43,759
Speaker 3: would like to know a little bit about their hiring.

24
00:01:43,760 --> 00:01:46,920
Speaker 3: Techniques if you don't, Mind i'd like To i'd like

25
00:01:46,959 --> 00:01:51,520
Speaker 3: to get an understanding of what kind of background check they.

26
00:01:51,520 --> 00:01:58,480
Speaker 3: Do the island raid at THE hlga battery, plant part

27
00:01:58,520 --> 00:02:00,760
Speaker 3: of what they call a, megasite is reported By News

28
00:02:00,840 --> 00:02:06,360
Speaker 3: nation there For, hyundai which Is South korean months in the.

29
00:02:06,400 --> 00:02:11,400
Speaker 3: Making according to the Special agent in, charge you had

30
00:02:11,680 --> 00:02:14,080
Speaker 3: federal agents in full tactical. Gear i'm not.

31
00:02:14,160 --> 00:02:16,280
Speaker 2: SURPRISED i, mean we have all the. Gear we might as.

32
00:02:16,160 --> 00:02:20,440
Speaker 3: Well wear, it supported By Georgia State, PATROL fbi AND DEA.

33
00:02:21,160 --> 00:02:26,240
Speaker 3: Dea wait a, second why would drug enforcement be?

34
00:02:26,320 --> 00:02:28,079
Speaker 2: There many?

35
00:02:28,160 --> 00:02:31,000
Speaker 3: Questions and then again why DO irs agents have? GUNS

36
00:02:31,280 --> 00:02:33,880
Speaker 3: a lot of questions. Asked they entered the facility under

37
00:02:33,919 --> 00:02:38,920
Speaker 3: a criminal search warrant tied to allegations of unlawful employment. Practices,

38
00:02:39,800 --> 00:02:42,200
Speaker 3: well if you've got four hundred and seventy five people

39
00:02:42,240 --> 00:02:44,640
Speaker 3: working there who are legally in The United, STATES i

40
00:02:44,639 --> 00:02:48,600
Speaker 3: would say unlawful employment practices is probably the low end

41
00:02:48,880 --> 00:02:55,200
Speaker 3: of what you could call. That hundreds of the detainees

42
00:02:55,240 --> 00:02:58,560
Speaker 3: were illegally present in The United states or in violation

43
00:02:58,680 --> 00:03:02,040
Speaker 3: of their presence in The United Slime, states working, unlawfully.

44
00:03:02,280 --> 00:03:04,160
Speaker 2: A Majority South korean.

45
00:03:04,240 --> 00:03:09,320
Speaker 3: Nationals, NOW i want to make Sure i'm always clear

46
00:03:09,360 --> 00:03:13,040
Speaker 3: with you that we are always on the same page

47
00:03:13,240 --> 00:03:22,760
Speaker 3: of these. Things the violators must be dealt with in

48
00:03:22,840 --> 00:03:30,160
Speaker 3: a very very large. Way and if that Means hyundai

49
00:03:31,080 --> 00:03:35,080
Speaker 3: needs to be hit with a massive, fine the kind

50
00:03:35,120 --> 00:03:37,560
Speaker 3: of fine that makes them wonder if they're ever going to,

51
00:03:37,600 --> 00:03:42,200
Speaker 3: Recover i'm talking about A volkswagen sized. Fine if you

52
00:03:42,440 --> 00:03:45,240
Speaker 3: know the story Of volkswagen's issues, lately that's a pretty good.

53
00:03:45,280 --> 00:03:50,200
Speaker 2: JOKE i don't care if they like.

54
00:03:50,280 --> 00:03:52,480
Speaker 3: IT i don't care if The South korean government gets

55
00:03:52,520 --> 00:03:53,200
Speaker 3: angry about.

56
00:03:53,200 --> 00:03:54,960
Speaker 2: It that's what has to happen.

57
00:03:56,160 --> 00:03:59,760
Speaker 3: NOW i want to know to what extent is this

58
00:04:00,280 --> 00:04:03,520
Speaker 3: Of georgia on the. Hook the only REASON i, ask

59
00:04:04,600 --> 00:04:06,600
Speaker 3: AND i am not saying that anybody in the state Of,

60
00:04:06,640 --> 00:04:09,760
Speaker 3: georgia within That, georgia a, government within That Brian kemp,

61
00:04:09,800 --> 00:04:13,360
Speaker 3: administration is guilty of. ANYTHING i don't have that knowledge

62
00:04:13,360 --> 00:04:13,560
Speaker 3: at the.

63
00:04:13,600 --> 00:04:14,720
Speaker 2: Moment i'm asking a.

64
00:04:14,840 --> 00:04:24,159
Speaker 3: Question what types of checks are done in these types of?

65
00:04:24,200 --> 00:04:27,520
Speaker 3: Situations what kind of agency oversight is?

66
00:04:27,560 --> 00:04:29,600
Speaker 2: There? Now if you say to, Me, tony why do

67
00:04:29,600 --> 00:04:30,440
Speaker 2: you think there's agency?

68
00:04:30,440 --> 00:04:33,880
Speaker 3: Oversight BECAUSE i could right now dial up ten restaurant

69
00:04:33,920 --> 00:04:36,280
Speaker 3: owners who all tell you that a health inspector will

70
00:04:36,320 --> 00:04:39,839
Speaker 3: come in anytime they want screw up the evening rush

71
00:04:40,080 --> 00:04:42,440
Speaker 3: and complain about something that doesn't count and shut the

72
00:04:42,440 --> 00:04:45,400
Speaker 3: whole restaurant. Down you're telling me that The hyundai plant

73
00:04:45,400 --> 00:04:48,040
Speaker 3: In georgia doesn't HAVE i don't know one of those

74
00:04:48,080 --> 00:04:53,880
Speaker 3: types who look the other way at four hundred and

75
00:04:53,960 --> 00:04:54,960
Speaker 3: seventy five illegal.

76
00:04:55,000 --> 00:04:58,919
Speaker 2: Immigrants MAYBE i should ask it.

77
00:04:58,960 --> 00:05:03,559
Speaker 3: Differently did anyone look the other way at four hundred

78
00:05:03,600 --> 00:05:09,720
Speaker 3: and seventy five illegal? Immigrants and if they, DID i

79
00:05:09,839 --> 00:05:16,080
Speaker 3: want to know when they go to. Jail, seriously you

80
00:05:16,120 --> 00:05:19,480
Speaker 3: can't think that we can have this type of thing going.

81
00:05:19,520 --> 00:05:22,560
Speaker 3: On now we ask a next. Question you can't have

82
00:05:22,640 --> 00:05:27,880
Speaker 3: this type thing going on and nobody is. RESPONSIBLE i

83
00:05:28,000 --> 00:05:30,839
Speaker 3: don't get me, Wrong hyundai is. Responsible but if the

84
00:05:30,880 --> 00:05:33,800
Speaker 3: state has some level of oversight and didn't actually engage the,

85
00:05:33,839 --> 00:05:35,239
Speaker 3: oversight well then.

86
00:05:37,000 --> 00:05:38,360
Speaker 2: Somebody has to go to.

87
00:05:38,520 --> 00:05:45,080
Speaker 3: Jail and now that you have done, this can we

88
00:05:45,120 --> 00:05:48,800
Speaker 3: take a look at every Other hyundai plant in The

89
00:05:48,880 --> 00:05:53,360
Speaker 3: United states and how many people are being hired? There

90
00:05:54,080 --> 00:05:56,440
Speaker 3: DID i mention the fine already THAT i would put On?

91
00:05:56,560 --> 00:05:59,840
Speaker 3: Hyundai well that could get. Bigger and now let's take

92
00:05:59,839 --> 00:06:03,200
Speaker 3: a look at everybody. Else how many people. Illegally are

93
00:06:03,200 --> 00:06:07,159
Speaker 3: you Hiring WHEN i say, ILLEGAL i want to give a.

94
00:06:07,200 --> 00:06:13,359
Speaker 3: QUALIFIER i am saying you did no actual checking to

95
00:06:13,480 --> 00:06:20,599
Speaker 3: determine their. Status are you telling me that someone comes

96
00:06:20,640 --> 00:06:24,400
Speaker 3: to work for, you they don't speak Any english at.

97
00:06:24,440 --> 00:06:27,839
Speaker 3: All the only language they speak Is korean and you

98
00:06:28,000 --> 00:06:29,080
Speaker 3: said good enough by.

99
00:06:29,160 --> 00:06:31,880
Speaker 2: Me there was no background. Check, Well, tony you can't do.

100
00:06:31,960 --> 00:06:37,960
Speaker 2: That that's. Xenophobic screw. That IF i.

101
00:06:37,240 --> 00:06:41,560
Speaker 3: Hire a gardener who isn't in the country, Legally i'm

102
00:06:41,640 --> 00:06:45,920
Speaker 3: gonna get. VILIFIED i don't care if you, think, WELL

103
00:06:46,120 --> 00:06:47,800
Speaker 3: i can't actually, check because that's.

104
00:06:47,880 --> 00:06:50,240
Speaker 2: Racist you, check you double, check you.

105
00:06:50,360 --> 00:06:54,360
Speaker 3: Recheck You notice What i'm talking about here is a,

106
00:06:54,400 --> 00:06:58,640
Speaker 3: Standard and anytime someone says you can't actually implement the,

107
00:06:58,680 --> 00:07:02,800
Speaker 3: standard that's the. Bigotry and what they claim you are

108
00:07:02,800 --> 00:07:06,240
Speaker 3: doing by actually implementing the standard is. Bigotry that is

109
00:07:06,240 --> 00:07:10,400
Speaker 3: them engaged in. Projection they're, saying don't have a. Standard

110
00:07:10,560 --> 00:07:12,840
Speaker 3: i'm saying you have to have a. Standard what they

111
00:07:12,920 --> 00:07:19,760
Speaker 3: favor is bigotree WHEN i favor is. Rationality how many

112
00:07:19,840 --> 00:07:25,280
Speaker 3: places is this? Happening what actually is being, checked double,

113
00:07:25,360 --> 00:07:28,840
Speaker 3: checked and? Rechecked once, again the.

114
00:07:28,800 --> 00:07:32,120
Speaker 2: Answer, IS i don't know WHAT i know is this

115
00:07:32,200 --> 00:07:34,040
Speaker 2: is a massive number of.

116
00:07:34,080 --> 00:07:41,360
Speaker 3: People now you could find out after all these, arrests

117
00:07:41,440 --> 00:07:43,840
Speaker 3: know that this person's, FINE la person's, fine and that

118
00:07:43,880 --> 00:07:46,280
Speaker 3: four hundred and seventy five number comes down to eighty.

119
00:07:46,320 --> 00:07:51,120
Speaker 3: Six i'm not saying it. Will i'm saying it's. Possible

120
00:07:52,440 --> 00:08:02,120
Speaker 3: let's say that it. Does the fine has to be, huge, huge.

121
00:08:03,320 --> 00:08:03,400
Speaker 4: You.

122
00:08:03,440 --> 00:08:05,680
Speaker 3: Know i'll get more into it coming. Up but the

123
00:08:05,720 --> 00:08:09,560
Speaker 3: border is the biggest story In. America our safety and

124
00:08:09,600 --> 00:08:12,600
Speaker 3: security because of the, border the biggest story In. America

125
00:08:12,680 --> 00:08:15,480
Speaker 3: it is something we cannot relent on for a. Moment

126
00:08:16,680 --> 00:08:20,200
Speaker 3: and this story is just another reason why keep it

127
00:08:20,200 --> 00:08:22,800
Speaker 3: here Out Tony, Katz and this Is Tony katz.

128
00:08:22,840 --> 00:08:26,440
Speaker 5: Today you're wrong in your question number. One venezuela is

129
00:08:26,480 --> 00:08:28,560
Speaker 5: a major. Source and the reason why is the. Following

130
00:08:28,920 --> 00:08:30,720
Speaker 5: And i've seen a lot of this reporting and it's fake.

131
00:08:30,800 --> 00:08:33,000
Speaker 5: Reporting And i'll tell you. Why it says that Somehow

132
00:08:33,080 --> 00:08:35,520
Speaker 5: venezuela's not involved in the drug trade because THE un

133
00:08:35,559 --> 00:08:37,120
Speaker 5: says they're not involved in the. UGE i don't THE.

134
00:08:37,160 --> 00:08:39,199
Speaker 5: UN i don't care what THE un. Says the unend

135
00:08:39,200 --> 00:08:42,800
Speaker 5: doesn't know what they're talking. About maduro is indicted by

136
00:08:42,840 --> 00:08:45,040
Speaker 5: a grand jury in The Southern district Of New. York

137
00:08:45,160 --> 00:08:47,560
Speaker 5: that means The Southern district Of New york presented the

138
00:08:47,600 --> 00:08:50,400
Speaker 5: evidence to a grand, jury and a grand jury indicted,

139
00:08:50,440 --> 00:08:53,280
Speaker 5: him and then a superseding indictment came out that was

140
00:08:53,320 --> 00:08:55,760
Speaker 5: unsealed about a year and a half, ago that specifically

141
00:08:55,760 --> 00:08:58,840
Speaker 5: Detailed maduro's. Actions so number, one let there be no

142
00:08:58,880 --> 00:09:04,000
Speaker 5: doubt He Nicolas maduro is an indicted drug trafficker in

143
00:09:04,040 --> 00:09:06,080
Speaker 5: The United, states and he's a fugitive Of american.

144
00:09:06,240 --> 00:09:09,960
Speaker 2: Justice that Is Marco. RUBIO i love.

145
00:09:09,960 --> 00:09:14,240
Speaker 3: It THE un doesn't know what they're talking. About this is,

146
00:09:14,720 --> 00:09:23,240
Speaker 3: accurate absolutely positively. Accurate, correct well, done well, played good,

147
00:09:23,280 --> 00:09:24,920
Speaker 3: Work secretary Of.

148
00:09:24,960 --> 00:09:25,280
Speaker 2: Rubio.

149
00:09:25,320 --> 00:09:27,840
Speaker 3: Me I'm Tony. Katz the show Is Tony katz. Today

150
00:09:28,320 --> 00:09:30,640
Speaker 3: good to be with. You find everything At tony kats dot.

151
00:09:30,679 --> 00:09:32,760
Speaker 3: Com The department Of, war.

152
00:09:34,280 --> 00:09:38,040
Speaker 2: It's a. Renaming The department Of defense will.

153
00:09:37,880 --> 00:09:41,240
Speaker 3: Be renamed The department Of, war and The secretary Of,

154
00:09:41,360 --> 00:09:47,560
Speaker 3: defense that Is Pete hegseth will now be The secretary Of.

155
00:09:47,559 --> 00:09:52,000
Speaker 2: War is this? Necessary, well, first let's go through.

156
00:09:53,320 --> 00:09:59,240
Speaker 3: The history. Here it was The War department from the

157
00:09:59,280 --> 00:10:06,280
Speaker 3: beginning of the. Nation the change To department Of defense

158
00:10:07,600 --> 00:10:11,920
Speaker 3: CAME i believe just After World War, two nineteen forty.

159
00:10:12,000 --> 00:10:13,160
Speaker 2: NINE i believe it.

160
00:10:13,160 --> 00:10:21,160
Speaker 3: Did, yeah so the change was part of a grouping

161
00:10:21,360 --> 00:10:24,000
Speaker 3: of pieces of legislation from nineteen forty. Seven the actual

162
00:10:24,080 --> 00:10:26,520
Speaker 3: name change came in nineteen forty, Nine department Of war

163
00:10:26,640 --> 00:10:29,360
Speaker 3: to The department Of. Defense now back to The department Of.

164
00:10:29,360 --> 00:10:33,400
Speaker 3: War does this? Matter it's an interesting. Conversation and if

165
00:10:33,440 --> 00:10:37,199
Speaker 3: you Watch Sean spicer's show over there at The, FIRST

166
00:10:37,559 --> 00:10:40,400
Speaker 3: i should have a show at the first that should

167
00:10:40,440 --> 00:10:42,480
Speaker 3: happen in addition to everything.

168
00:10:42,480 --> 00:10:42,920
Speaker 2: Else why?

169
00:10:42,960 --> 00:10:48,200
Speaker 3: Not the question came up doesn't. MATTER i was a

170
00:10:48,240 --> 00:10:50,880
Speaker 3: guest on the, show and it doesn't. Matter AND i, said,

171
00:10:50,880 --> 00:10:55,440
Speaker 3: LISTEN i think that it doesn't matter to me if

172
00:10:55,480 --> 00:10:56,920
Speaker 3: you call it The Department offense Or department Of.

173
00:10:56,920 --> 00:10:58,440
Speaker 2: War i'm fine with. It i'm not worked up about.

174
00:10:58,480 --> 00:11:00,880
Speaker 3: It you can also call it The department of kicking

175
00:11:00,920 --> 00:11:04,640
Speaker 3: ass and taking, names and you can call it The

176
00:11:04,679 --> 00:11:07,520
Speaker 3: department Of oh, no you. Didn't it doesn't matter to

177
00:11:07,559 --> 00:11:12,080
Speaker 3: me what you call, it as long as we're. Prepared

178
00:11:13,280 --> 00:11:16,720
Speaker 3: sean made an argument BECAUSE i asked, him you're a military, guy,

179
00:11:16,960 --> 00:11:19,239
Speaker 3: navy does.

180
00:11:19,040 --> 00:11:19,920
Speaker 2: This matter to?

181
00:11:19,960 --> 00:11:23,600
Speaker 3: You and his, POINT i think is the same thing

182
00:11:23,640 --> 00:11:29,520
Speaker 3: as your, point which is words have, meaning SOMETHING i

183
00:11:29,520 --> 00:11:33,320
Speaker 3: have long said on this, show but even more, so

184
00:11:34,080 --> 00:11:41,560
Speaker 3: words set the. Mind to say department of defense is

185
00:11:41,640 --> 00:11:47,720
Speaker 3: to say we defend from the incoming. Thing but defense

186
00:11:48,480 --> 00:11:54,200
Speaker 3: in and of itself by itself has a connotation of.

187
00:11:54,240 --> 00:11:56,880
Speaker 2: Passivity is that what we're.

188
00:11:56,880 --> 00:12:03,120
Speaker 3: Discussing if you, believe like a, Secretary hegseth, believes WHICH i,

189
00:12:03,280 --> 00:12:07,400
Speaker 3: believe AND i think he was a solid, pick and

190
00:12:07,480 --> 00:12:10,360
Speaker 3: he has PROVEN i think the detractor's. Wrong, yes the

191
00:12:10,400 --> 00:12:13,719
Speaker 3: stuff was. Signal, yes you can't be texting out these.

192
00:12:13,760 --> 00:12:17,000
Speaker 3: Things but everything in terms of the bombing raid of

193
00:12:17,000 --> 00:12:18,480
Speaker 3: The iranian nuclear facilities went.

194
00:12:18,520 --> 00:12:20,160
Speaker 2: Perfect recruiting is.

195
00:12:20,360 --> 00:12:23,440
Speaker 3: Up people are being pushed out of positions that they

196
00:12:23,480 --> 00:12:25,880
Speaker 3: don't deserve to be. In there is a, Streamlining there

197
00:12:25,960 --> 00:12:27,960
Speaker 3: is a honing that is going on that is valuable and.

198
00:12:28,000 --> 00:12:32,559
Speaker 2: Good we are not.

199
00:12:33,679 --> 00:12:43,160
Speaker 3: Interested in developing soldiers who are anything but the types

200
00:12:43,200 --> 00:12:49,000
Speaker 3: of people ready to kill the enemy in protection and

201
00:12:49,080 --> 00:12:54,520
Speaker 3: pursuit Of america's. Future that's what we're building. Here we're

202
00:12:54,520 --> 00:12:58,560
Speaker 3: building a fighting. Force we're not building A kumbaya. Force

203
00:13:00,200 --> 00:13:04,080
Speaker 3: this is about stating out loud that we understand our

204
00:13:04,240 --> 00:13:11,280
Speaker 3: purpose And department Of war better understands the purpose Than

205
00:13:11,360 --> 00:13:14,920
Speaker 3: department Of. Defense, NOW i think this is a very

206
00:13:14,960 --> 00:13:18,400
Speaker 3: good question for the dinner.

207
00:13:18,440 --> 00:13:20,360
Speaker 2: TABLE i.

208
00:13:20,440 --> 00:13:23,480
Speaker 3: DO i think it's a very good question for your,

209
00:13:23,559 --> 00:13:27,680
Speaker 3: kids not in a way of trying to.

210
00:13:27,679 --> 00:13:30,920
Speaker 2: Lecture but rather a discussion.

211
00:13:30,360 --> 00:13:34,360
Speaker 3: Of what it is words mean and how things get,

212
00:13:34,400 --> 00:13:37,760
Speaker 3: presented and not only as we do them on a macro,

213
00:13:37,840 --> 00:13:40,880
Speaker 3: scale but what about in your own, life how you

214
00:13:40,920 --> 00:13:42,760
Speaker 3: speak to your own, parents how do you speak to your?

215
00:13:42,800 --> 00:13:46,320
Speaker 3: Friends are you engaged in a way where you're trying

216
00:13:46,360 --> 00:13:51,400
Speaker 3: to best share the thought and the. Idea words do,

217
00:13:51,559 --> 00:13:56,640
Speaker 3: matter and we should be people who say. So WHEN

218
00:13:56,679 --> 00:14:01,679
Speaker 3: i say it doesn't matter to, ME i only want

219
00:14:02,200 --> 00:14:05,400
Speaker 3: our military to be a fighting. FORCE i only want

220
00:14:05,440 --> 00:14:11,760
Speaker 3: them to be. Prepared when we saw our, military do

221
00:14:11,800 --> 00:14:14,800
Speaker 3: you remember this was just during this is During, obama

222
00:14:16,559 --> 00:14:21,680
Speaker 3: when The iranians were able to board our ships and

223
00:14:21,720 --> 00:14:29,240
Speaker 3: there Were american soldiers being videotaped and. Crying that was

224
00:14:29,240 --> 00:14:32,360
Speaker 3: the low. Point that was the low.

225
00:14:32,400 --> 00:14:36,600
Speaker 2: Point you you.

226
00:14:36,480 --> 00:14:41,520
Speaker 3: Can't allow that to. Happen you cannot be. Overtaken you

227
00:14:41,560 --> 00:14:44,120
Speaker 3: can die while they're trying to overtake, you but you

228
00:14:44,160 --> 00:14:50,200
Speaker 3: cannot be. Overtaken it's it's a.

229
00:14:50,200 --> 00:14:52,520
Speaker 2: Mindset it is a.

230
00:14:52,560 --> 00:14:56,360
Speaker 3: Mindset AND i think the part of the reason that

231
00:14:56,440 --> 00:15:01,320
Speaker 3: the recruitment is, up as you think, so is that

232
00:15:01,440 --> 00:15:02,120
Speaker 3: there's now a.

233
00:15:02,160 --> 00:15:07,280
Speaker 2: Purpose there's a, purpose and that purpose.

234
00:15:07,400 --> 00:15:13,080
Speaker 3: Matters in the words Of Secretary, hegseth we re established

235
00:15:13,160 --> 00:15:16,560
Speaker 3: at The department the warrior. Ethos we want, warriors folks

236
00:15:16,560 --> 00:15:20,520
Speaker 3: that understand how to exactlythality on the. Enemy we don't

237
00:15:20,520 --> 00:15:24,120
Speaker 3: want endless contingencies and just playing. Defense we think words

238
00:15:24,120 --> 00:15:27,280
Speaker 3: and names and titles. Matter so we're working with The

239
00:15:27,280 --> 00:15:31,720
Speaker 3: White house and The president on. It stand by he's.

240
00:15:31,840 --> 00:15:35,960
Speaker 3: Right SO i state WHAT i want is WHAT i,

241
00:15:36,040 --> 00:15:39,040
Speaker 3: want AND i do not care what you call.

242
00:15:39,080 --> 00:15:42,280
Speaker 2: It but if by naming.

243
00:15:42,000 --> 00:15:45,000
Speaker 3: It to its original, name we Didn't we didn't go

244
00:15:45,040 --> 00:15:48,320
Speaker 3: out of the. Realm we didn't invent anything. Here we

245
00:15:48,440 --> 00:15:51,280
Speaker 3: named it as the founder's. Name did if you, will.

246
00:15:52,600 --> 00:15:57,840
Speaker 2: If, that if that.

247
00:15:59,800 --> 00:16:04,920
Speaker 3: Can next more people to the, mission focuses the, mission focuses.

248
00:16:04,400 --> 00:16:07,480
Speaker 2: The Mind i'm all in.

249
00:16:10,400 --> 00:16:16,000
Speaker 3: Now so FAR i have not heard anyone on the,

250
00:16:16,120 --> 00:16:20,200
Speaker 3: left maybe Because i'm not, looking say this is terrible

251
00:16:20,200 --> 00:16:23,040
Speaker 3: and this is awful and this is Just Donald trump

252
00:16:23,080 --> 00:16:28,320
Speaker 3: getting us into. Wars AND i haven't heard that. YET

253
00:16:29,240 --> 00:16:34,720
Speaker 3: i have not seen that. Yet but if you are

254
00:16:34,760 --> 00:16:39,120
Speaker 3: to take a look at the, BASE i think they

255
00:16:39,200 --> 00:16:43,960
Speaker 3: applaud moves like this and more than just you know the.

256
00:16:44,120 --> 00:16:47,120
Speaker 2: Name if we really.

257
00:16:46,760 --> 00:16:52,560
Speaker 3: Dig, underneath what we're applauding is the masculine ethos of.

258
00:16:52,600 --> 00:16:59,240
Speaker 3: This there's nothing beta About department Of. War there's nothing

259
00:16:59,400 --> 00:17:05,920
Speaker 3: feminine about. It there's nothing, soft there's nothing. Weak, now

260
00:17:06,000 --> 00:17:08,560
Speaker 3: some people are gonna say to, Me, tony you're calling women. Weak,

261
00:17:08,880 --> 00:17:13,159
Speaker 3: No i'm. NOT i am stating out loud that we

262
00:17:13,200 --> 00:17:16,800
Speaker 3: have had a society that has screamed about something called toxic,

263
00:17:16,880 --> 00:17:20,119
Speaker 3: masculinity which is to, say actually being a, man that

264
00:17:20,160 --> 00:17:22,280
Speaker 3: you should be ashamed to be a, man you should

265
00:17:22,320 --> 00:17:25,200
Speaker 3: be ashamed to engage in, masculinity you should be ashamed

266
00:17:25,200 --> 00:17:28,840
Speaker 3: of being. Masculine and then they had the audacity to

267
00:17:29,000 --> 00:17:33,800
Speaker 3: tell us That Tim walls And Doug emhoff were example

268
00:17:34,480 --> 00:17:39,200
Speaker 3: examples of, masculinity and we both know that that's not.

269
00:17:39,280 --> 00:17:42,359
Speaker 2: True these, People i'm, sorry what was? That if these

270
00:17:42,400 --> 00:17:43,479
Speaker 2: people that's WHAT i thought you.

271
00:17:43,520 --> 00:17:50,720
Speaker 3: Said people want to be a part of something where

272
00:17:50,720 --> 00:17:55,960
Speaker 3: the focus is. Clear defending the homeland is extremely. Important

273
00:17:56,800 --> 00:17:59,560
Speaker 3: to defend the homeland when the moment, comes.

274
00:17:59,400 --> 00:18:00,800
Speaker 2: You have to take the. Enemy are you?

275
00:18:00,840 --> 00:18:03,800
Speaker 3: Ready because you're not gonna take out the enemy with social.

276
00:18:03,840 --> 00:18:08,040
Speaker 3: Workers you're not gonna take out the enemy with. Pleasantries

277
00:18:09,080 --> 00:18:12,000
Speaker 3: you're gonna take them out by holding the line and

278
00:18:12,160 --> 00:18:16,400
Speaker 3: advancing and killing more of. Them As paton, said or

279
00:18:16,440 --> 00:18:20,280
Speaker 3: at LEAST i attribute it from the. Movie you, don't you,

280
00:18:20,359 --> 00:18:22,239
Speaker 3: know win any countries by giving your life for your

281
00:18:22,640 --> 00:18:24,800
Speaker 3: for your. Country you don't win any wars by giving

282
00:18:24,840 --> 00:18:27,120
Speaker 3: your life for your. Country you win wars by making

283
00:18:27,119 --> 00:18:33,000
Speaker 3: the other guy give their life for. Theirs WHAT i

284
00:18:33,080 --> 00:18:37,720
Speaker 3: like about this move is that it is reality. Based

285
00:18:39,680 --> 00:18:41,960
Speaker 3: this is where we, are this is what we, need

286
00:18:42,240 --> 00:18:43,760
Speaker 3: this is how what we need to.

287
00:18:43,880 --> 00:18:47,639
Speaker 2: Win let's go. WIN i like.

288
00:18:47,720 --> 00:18:52,800
Speaker 3: It department Of war it, is but admittedly The department Of,

289
00:18:53,119 --> 00:18:53,359
Speaker 3: no you.

290
00:18:53,440 --> 00:18:56,840
Speaker 2: Didn't it's got a nice ring to. It it's got

291
00:18:56,880 --> 00:18:57,480
Speaker 2: a nice ring to.

292
00:18:57,520 --> 00:19:01,119
Speaker 3: It you have twenty two thousand and jobs created in

293
00:19:01,119 --> 00:19:02,359
Speaker 3: the month Of august in The United.

294
00:19:02,359 --> 00:19:06,240
Speaker 2: States that's that ain't?

295
00:19:06,280 --> 00:19:11,000
Speaker 3: Great the estimate was seventy plus, thousand and then you

296
00:19:11,119 --> 00:19:15,160
Speaker 3: have manufacturing down for the sixth month in a. Row

297
00:19:16,240 --> 00:19:18,879
Speaker 3: Dr Matt, will economist at The university Of. Indianapolis to

298
00:19:18,920 --> 00:19:21,080
Speaker 3: break it. Down we're just going through the.

299
00:19:21,160 --> 00:19:25,000
Speaker 2: Data. Kids it tells a story that is coming. Up

300
00:19:25,160 --> 00:19:28,119
Speaker 2: keep it. Here I'm Tony. Katz this Is Tony katz.

301
00:19:28,160 --> 00:19:37,720
Speaker 6: Today, wow and the data is actually coming across the

302
00:19:37,720 --> 00:19:41,960
Speaker 6: wires on time good job bls change in non farm

303
00:19:42,000 --> 00:19:45,720
Speaker 6: payrolls for The august Job Job Jobs report twenty two,

304
00:19:45,840 --> 00:19:50,280
Speaker 6: thousand twenty two. Thousand interest rates started dropping long before

305
00:19:50,320 --> 00:19:53,479
Speaker 6: this data was, released and last month will as subtle

306
00:19:53,520 --> 00:19:56,240
Speaker 6: revision is seventy nine. Thousand and if you look at

307
00:19:56,280 --> 00:19:59,320
Speaker 6: the two month, revision thank, goodness it's not minus two

308
00:19:59,359 --> 00:20:01,560
Speaker 6: hundred and fifty eight thousand like it was last, month

309
00:20:01,760 --> 00:20:03,520
Speaker 6: comes up to minus twenty one.

310
00:20:03,640 --> 00:20:08,959
Speaker 3: Thousand now everything gets, revised and we have seen nothing

311
00:20:09,000 --> 00:20:12,320
Speaker 3: but revisions in the days of.

312
00:20:12,359 --> 00:20:13,840
Speaker 2: The Biden White.

313
00:20:13,840 --> 00:20:16,840
Speaker 3: House but they started with a high number and revised

314
00:20:16,880 --> 00:20:20,879
Speaker 3: low twenty two thousand jobs versus a seventy five thousand,

315
00:20:21,040 --> 00:20:23,920
Speaker 3: estimate and you've Got Kevin hassett of The White House

316
00:20:23,920 --> 00:20:27,320
Speaker 3: Economic council saying on, no, no, no, no next month it'll

317
00:20:27,320 --> 00:20:32,880
Speaker 3: get revised. Up it will why twenty two thousand. Jobs

318
00:20:33,400 --> 00:20:35,600
Speaker 3: and then the market responded by, saying, hey maybe this

319
00:20:35,680 --> 00:20:38,000
Speaker 3: means we'll get interest cuts and then they realized.

320
00:20:38,119 --> 00:20:39,600
Speaker 2: Maybe we won't get interest.

321
00:20:39,640 --> 00:20:45,840
Speaker 3: Cuts it's a it's a, Thing Tony, Katz Tony katz,

322
00:20:45,840 --> 00:20:48,879
Speaker 3: today good to be with. You Doctor Matt will joins

323
00:20:48,960 --> 00:20:53,640
Speaker 3: us right. Now economists at The university Of. Indianapolis let's

324
00:20:53,680 --> 00:20:59,440
Speaker 3: talk about these jobs numbers twenty two thousand versus seventy five.

325
00:20:59,560 --> 00:21:05,399
Speaker 2: Thousand where did the jobs come? From where did they not? Materialize?

326
00:21:05,520 --> 00:21:07,640
Speaker 7: WELL i like how you started by saying that they're

327
00:21:07,680 --> 00:21:10,320
Speaker 7: going to be revised and probably, down because that's the.

328
00:21:10,359 --> 00:21:14,919
Speaker 7: Trend The june was revised down thirteen, Thousand private was

329
00:21:14,960 --> 00:21:18,879
Speaker 7: revised down From june by twenty seven. Thousand but to

330
00:21:18,920 --> 00:21:20,960
Speaker 7: get to your, Question, TONY i got to put a

331
00:21:21,000 --> 00:21:22,480
Speaker 7: positive spin on this BECAUSE i know some of the

332
00:21:22,480 --> 00:21:25,359
Speaker 7: people on the chat always liked to play on doom

333
00:21:25,359 --> 00:21:28,280
Speaker 7: and glom, Dye so let me put a positive attitude on. It,

334
00:21:28,320 --> 00:21:34,200
Speaker 7: Okay hospitality went up twenty eight, thousand healthcare went up

335
00:21:34,640 --> 00:21:37,439
Speaker 7: forty six, thousand so there's a there are some strong

336
00:21:37,480 --> 00:21:40,560
Speaker 7: segment segments of. This retail went up ten and a half,

337
00:21:40,600 --> 00:21:44,200
Speaker 7: thousand but the overall number twenty two is pretty. Bad

338
00:21:44,560 --> 00:21:46,879
Speaker 7: we saw manufacturing and this is of course where we're

339
00:21:46,880 --> 00:21:50,200
Speaker 7: going to get the doom and. Gloom manufacturing down twelve,

340
00:21:50,280 --> 00:21:55,600
Speaker 7: thousand overall goods production down twenty five. Thousand this is not,

341
00:21:55,720 --> 00:22:00,359
Speaker 7: good this is. Terrible but again good. News government down staxteen.

342
00:22:00,480 --> 00:22:03,600
Speaker 7: Thousand so we see the bad parts are the parts

343
00:22:03,640 --> 00:22:05,920
Speaker 7: being impacted by. Tariffs And i'll say, This i've said

344
00:22:05,920 --> 00:22:10,480
Speaker 7: it before. TARIFF i, Mean trump is. Amazing his economy's.

345
00:22:10,560 --> 00:22:12,600
Speaker 7: Fantastic if he can just get it out of his own,

346
00:22:12,640 --> 00:22:15,200
Speaker 7: way it would be one of the best economies we've ever.

347
00:22:15,240 --> 00:22:19,280
Speaker 3: Seen so we're discussing jobs numbers and you started discussing.

348
00:22:19,480 --> 00:22:23,359
Speaker 3: Tariffs you're saying now that there's a. Correlation where do

349
00:22:23,400 --> 00:22:23,960
Speaker 3: you see, It.

350
00:22:24,440 --> 00:22:27,520
Speaker 7: Oh it's one hundred. Percent there's no disputing that the

351
00:22:27,560 --> 00:22:31,280
Speaker 7: correlation is between tariffs and what we see because the

352
00:22:31,320 --> 00:22:34,680
Speaker 7: parts of the economy that are shrinking is the manufacturing,

353
00:22:34,720 --> 00:22:38,679
Speaker 7: base the goods production. Base those are the things that are.

354
00:22:38,680 --> 00:22:41,879
Speaker 7: Shrinking and that's why this number is so low and

355
00:22:41,920 --> 00:22:45,000
Speaker 7: why the gew number was revised. Down but it's not

356
00:22:45,119 --> 00:22:49,280
Speaker 7: just an. Opinion we can look at other. Data THE ismpmi,

357
00:22:49,400 --> 00:22:52,959
Speaker 7: report that's the one that measures manufacturing in The United.

358
00:22:52,960 --> 00:22:56,159
Speaker 7: States it just came out four days ago and it

359
00:22:56,280 --> 00:23:01,679
Speaker 7: showed us the sixth consecutive month of control manufacturing in

360
00:23:01,680 --> 00:23:06,960
Speaker 7: The United. States that's what tariffs. Do they shrink manufacturing

361
00:23:07,320 --> 00:23:11,520
Speaker 7: because we're spending more money on, imports which means we

362
00:23:11,560 --> 00:23:14,720
Speaker 7: have less money to. Spend that's just. Math if you

363
00:23:14,800 --> 00:23:16,720
Speaker 7: have less money to, spend you're gonna buy less of

364
00:23:16,720 --> 00:23:19,600
Speaker 7: stuff you produce at. Home it's not the right.

365
00:23:19,760 --> 00:23:23,480
Speaker 3: Formula talking to Doctor Matt will economists at The university Of,

366
00:23:23,560 --> 00:23:28,359
Speaker 3: indianapolis this manufacturing number and tariff's to the manufacturing number

367
00:23:28,359 --> 00:23:30,359
Speaker 3: of tariffs to the jobs, NUMBERS i want to go

368
00:23:30,480 --> 00:23:32,080
Speaker 3: back first to what we were just talking.

369
00:23:32,119 --> 00:23:35,320
Speaker 2: About with. Jobs you're saying that the tariffs are, hired

370
00:23:35,400 --> 00:23:37,560
Speaker 2: so people are not. Hiring and that's why you saw an.

371
00:23:37,480 --> 00:23:41,280
Speaker 3: Increase in the hospitality because that really doesn't get affected by,

372
00:23:41,320 --> 00:23:44,320
Speaker 3: tariffs and you saw a decrease everywhere. Else And i'll

373
00:23:44,359 --> 00:23:48,359
Speaker 3: take any decrease in government job NUMBERS i can. GET

374
00:23:48,560 --> 00:23:52,119
Speaker 3: i do consider that to be, excellent excellent, news better for.

375
00:23:52,200 --> 00:23:53,880
Speaker 3: Everybody i'm happy to see. IT i want to see

376
00:23:53,880 --> 00:23:56,760
Speaker 3: more of. It but the growth in hospitality and not

377
00:23:56,840 --> 00:24:00,119
Speaker 3: the other. Places is this just you or is this

378
00:24:00,200 --> 00:24:04,280
Speaker 3: is something that economists theorize about and share about discuss, that,

379
00:24:04,359 --> 00:24:05,640
Speaker 3: hey this is actually very.

380
00:24:05,640 --> 00:24:08,880
Speaker 7: Worrisome, no, NO i don't think it's. WORRISOME i think

381
00:24:08,960 --> 00:24:12,520
Speaker 7: hospitality growth is a good. Thing And i'll tell you you.

382
00:24:12,320 --> 00:24:14,080
Speaker 7: Know you say a phrase in your. SHOW i like

383
00:24:14,119 --> 00:24:16,199
Speaker 7: you that you say a lot Is it's possible for

384
00:24:16,320 --> 00:24:19,600
Speaker 7: both things to be possible at the same. Time it

385
00:24:19,680 --> 00:24:21,840
Speaker 7: is possible to have good parts of the economy and

386
00:24:21,920 --> 00:24:25,399
Speaker 7: bad parts bad. PARTS i think the positive retail, NUMBER

387
00:24:25,920 --> 00:24:29,360
Speaker 7: i think the positive hospitality, NUMBER i think the positive

388
00:24:29,400 --> 00:24:33,080
Speaker 7: healthcare growth. Number these are all good. Things the total

389
00:24:33,080 --> 00:24:36,679
Speaker 7: growth in private industry plus thirty eight. Thousand all of

390
00:24:36,720 --> 00:24:40,760
Speaker 7: these are good Because trump has incredibly good. Policies he's

391
00:24:40,800 --> 00:24:43,720
Speaker 7: taking government regulation. Out you can get an approval for

392
00:24:43,760 --> 00:24:46,440
Speaker 7: a merger much quicker than you could. Before you could

393
00:24:46,480 --> 00:24:48,760
Speaker 7: get regulation out of the way so you can produce

394
00:24:48,760 --> 00:24:51,760
Speaker 7: a product that you couldn't produce. Before these are all

395
00:24:51,800 --> 00:24:54,840
Speaker 7: growing the, economy and we see the. Growth the area

396
00:24:54,920 --> 00:24:58,200
Speaker 7: we see no, growth we see contraction is in the

397
00:24:58,240 --> 00:25:05,159
Speaker 7: areas that are directly impact acted by, terriffs, wages in, hospitality, healthcare.

398
00:25:05,320 --> 00:25:09,440
Speaker 7: Retail those aren't impacted directly by the terriffs and. WAGES

399
00:25:09,520 --> 00:25:12,080
Speaker 7: i didn't even. Mention the other good news wages were

400
00:25:12,160 --> 00:25:15,280
Speaker 7: up point three. Percent that's three point six. Annualized there

401
00:25:15,320 --> 00:25:17,600
Speaker 7: is good wage news in this. Report we haven't seen

402
00:25:17,640 --> 00:25:20,840
Speaker 7: that in a long. Time just to be.

403
00:25:20,880 --> 00:25:24,320
Speaker 3: Clear talking to Doctor Matt Will, Economists university Of, indianapolis

404
00:25:25,400 --> 00:25:28,800
Speaker 3: the argument was that real wages were up point seven

405
00:25:28,840 --> 00:25:32,440
Speaker 3: percent and annualized that puts us at almost five percent

406
00:25:32,920 --> 00:25:34,600
Speaker 3: for the. Year you just gave a lower. NUMBER i

407
00:25:34,640 --> 00:25:37,040
Speaker 3: just want to make sure there's not a why there's

408
00:25:37,040 --> 00:25:38,240
Speaker 3: a discrepancy between those.

409
00:25:38,280 --> 00:25:39,760
Speaker 2: Two, oh there's different.

410
00:25:39,800 --> 00:25:42,040
Speaker 7: Reports just the report we saw of the point seven

411
00:25:42,080 --> 00:25:44,280
Speaker 7: you're referring to was earlier in the week or last,

412
00:25:44,280 --> 00:25:46,120
Speaker 7: WEEK i forget what it, was and this was today's.

413
00:25:46,119 --> 00:25:49,920
Speaker 7: Report they're just different, reports but they're both in the same,

414
00:25:50,000 --> 00:25:53,680
Speaker 7: direction which is positive news about. Wages so wages.

415
00:25:53,880 --> 00:25:54,960
Speaker 2: Good.

416
00:25:55,080 --> 00:25:58,639
Speaker 7: Again trump is his worst enemy and he's his best,

417
00:25:58,640 --> 00:26:00,760
Speaker 7: friend AND i just wish his worst enemy.

418
00:26:00,600 --> 00:26:04,280
Speaker 2: Would lose more. So the worst enemy you feel is

419
00:26:04,320 --> 00:26:04,720
Speaker 2: of course.

420
00:26:04,760 --> 00:26:08,080
Speaker 3: Tariffs and this brings us to this manufacturing, number, which,

421
00:26:08,240 --> 00:26:11,040
Speaker 3: again if you want to talk about the thing that

422
00:26:11,080 --> 00:26:14,320
Speaker 3: you have discussed on this show more than, anything as a,

423
00:26:14,440 --> 00:26:17,280
Speaker 3: guys this is where you need to be paying, attention Doctor,

424
00:26:17,320 --> 00:26:21,639
Speaker 3: mattwell it's been in this manufacturing, report these manufacturing, numbers

425
00:26:21,640 --> 00:26:22,359
Speaker 3: what it is we're.

426
00:26:22,200 --> 00:26:25,159
Speaker 2: Seeing down again for the sixth month in a.

427
00:26:25,240 --> 00:26:29,720
Speaker 3: Row so down manufacturing means down hiring and down. Sales

428
00:26:30,119 --> 00:26:33,640
Speaker 3: yet we see real wages, up we see retail spending,

429
00:26:33,720 --> 00:26:36,520
Speaker 3: up and A gdp that's revised up to three point three.

430
00:26:36,560 --> 00:26:40,119
Speaker 3: Percent you will forgive me IF i say that sounds

431
00:26:40,119 --> 00:26:42,200
Speaker 3: schizophrenic and nutty AND i can't follow.

432
00:26:42,200 --> 00:26:43,440
Speaker 2: It it.

433
00:26:43,520 --> 00:26:47,639
Speaker 7: Is it is because again the Good trump is causing

434
00:26:47,680 --> 00:26:49,439
Speaker 7: a growth in the. Economy we see it in the

435
00:26:49,480 --> 00:26:53,040
Speaker 7: REVISED gdp. Data but the segment of the economy that

436
00:26:53,600 --> 00:26:57,879
Speaker 7: is shrinking is, manufacturing the thing that he claims should

437
00:26:57,920 --> 00:27:01,840
Speaker 7: grow as a result of tariffs Not and everybody knows.

438
00:27:01,840 --> 00:27:04,680
Speaker 7: This every economist knows. This it's called comparative. Advantage we've

439
00:27:04,680 --> 00:27:07,639
Speaker 7: seen it throughout, history that the tariffs are causing a

440
00:27:07,680 --> 00:27:11,360
Speaker 7: shrinking in manufacturing and that will continue until we get

441
00:27:11,400 --> 00:27:14,600
Speaker 7: off this. BANDWAGON i think his Statement lettinix said it,

442
00:27:14,640 --> 00:27:16,959
Speaker 7: today AND i think That trump said. It you have

443
00:27:17,040 --> 00:27:17,640
Speaker 7: to look to next.

444
00:27:17,760 --> 00:27:19,440
Speaker 2: YEAR i do believe.

445
00:27:19,160 --> 00:27:22,879
Speaker 7: The pain from the tariffs will. Subside we'll get to

446
00:27:22,920 --> 00:27:25,439
Speaker 7: a new. Norm we will live with the suffering of.

447
00:27:25,480 --> 00:27:28,520
Speaker 7: It it's not gonna be. Perpetual SO i do, believe

448
00:27:28,640 --> 00:27:32,480
Speaker 7: like with, anything you increase, taxes tariffs are, Taxes you're

449
00:27:32,480 --> 00:27:34,879
Speaker 7: going to absorb those. Taxes you're gonna budget for, them

450
00:27:34,920 --> 00:27:36,600
Speaker 7: and THEN i think at some point you will see.

451
00:27:36,640 --> 00:27:37,960
Speaker 7: Growth now.

452
00:27:40,280 --> 00:27:43,040
Speaker 3: And, Again i'm just, No i'm gonna start slapping you.

453
00:27:43,119 --> 00:27:46,440
Speaker 3: Around you can't budget for. Them if they change the

454
00:27:46,480 --> 00:27:50,800
Speaker 3: tariffs on On, india change the tariffs On china could

455
00:27:50,880 --> 00:27:51,520
Speaker 3: change in any.

456
00:27:51,560 --> 00:27:52,760
Speaker 2: SECOND i don't.

457
00:27:52,800 --> 00:27:57,840
Speaker 3: Disagree if you had a standard play ten percent, tariff.

458
00:27:57,640 --> 00:27:59,119
Speaker 2: The market could figure out what to.

459
00:27:59,160 --> 00:28:02,360
Speaker 3: Do but we don't have that yet and that doesn't

460
00:28:02,400 --> 00:28:03,359
Speaker 3: seem to be.

461
00:28:03,480 --> 00:28:08,000
Speaker 7: Coming, YES i, mean you're, right and this is What i'm.

462
00:28:08,000 --> 00:28:10,800
Speaker 7: Saying the market will absorb. It the market will figure

463
00:28:10,800 --> 00:28:13,440
Speaker 7: it out if it becomes. Stable but it's just not stable.

464
00:28:13,520 --> 00:28:16,479
Speaker 7: YET i think the market can deal with it and

465
00:28:16,560 --> 00:28:18,439
Speaker 7: manage it if it sees. It let me give you

466
00:28:18,480 --> 00:28:20,280
Speaker 7: some good news in the report THAT i love to talk.

467
00:28:20,320 --> 00:28:24,920
Speaker 7: About new orders were up quite substantially this. Month supplier

468
00:28:25,040 --> 00:28:28,359
Speaker 7: deliveries were, up so we see the Good trump policy.

469
00:28:28,800 --> 00:28:32,440
Speaker 7: Input all those things are, good but inflation is still.

470
00:28:32,440 --> 00:28:37,600
Speaker 7: There customer inventories are still down and and this is

471
00:28:37,800 --> 00:28:40,040
Speaker 7: the worst part is for the seventh month in a,

472
00:28:40,080 --> 00:28:45,280
Speaker 7: row manufacturing employment has. Declined so again he's got to

473
00:28:45,280 --> 00:28:47,320
Speaker 7: get out of his own way to have the greatest

474
00:28:47,320 --> 00:28:49,240
Speaker 7: economy that we may have seen in a long.

475
00:28:49,280 --> 00:28:52,400
Speaker 3: Time talking to Doctor Matt, well economists at The university

476
00:28:52,440 --> 00:28:57,600
Speaker 3: Of indianapolis on the tariff's, SUBJECT i do think that

477
00:28:58,280 --> 00:29:01,160
Speaker 3: sooner rather than later come they're going to start passing

478
00:29:01,200 --> 00:29:03,480
Speaker 3: parts of not all of that twer off cost. On

479
00:29:03,680 --> 00:29:07,440
Speaker 3: they can't absorb. Forever but now let's get into where

480
00:29:07,480 --> 00:29:09,640
Speaker 3: the market. Is and you may be in the market

481
00:29:09,920 --> 00:29:12,200
Speaker 3: in a retirement. Fund are all sorts of. Things i'm

482
00:29:12,240 --> 00:29:15,000
Speaker 3: just utilizing it right now as a kind of a

483
00:29:15,240 --> 00:29:18,760
Speaker 3: benchmark conversation. Piece and that the, market the pre market was.

484
00:29:18,760 --> 00:29:23,480
Speaker 3: Down then after the announcement of the jobs numbers twenty

485
00:29:23,520 --> 00:29:26,440
Speaker 3: two thousand on seventy five thousand dollars, estimate seventy five

486
00:29:26,480 --> 00:29:29,959
Speaker 3: thousand jobs, estimate the market went up and then it

487
00:29:29,960 --> 00:29:33,880
Speaker 3: has been down down over three hundred and this is

488
00:29:33,920 --> 00:29:36,360
Speaker 3: because people, thought, oh maybe the bad jobs will mean

489
00:29:36,440 --> 00:29:38,600
Speaker 3: we'll have rate, cuts and then they, said, well maybe

490
00:29:38,680 --> 00:29:43,080
Speaker 3: they won't do rate. Cuts what's with the schizophrenia over

491
00:29:43,160 --> 00:29:45,200
Speaker 3: these this job's report in the matter of just.

492
00:29:45,320 --> 00:29:49,960
Speaker 7: Hours this is vital for everyone to. Understand markets. Fluctuate

493
00:29:51,360 --> 00:29:55,239
Speaker 7: these are people with, perception and their perceptions change minute to.

494
00:29:55,400 --> 00:29:57,640
Speaker 7: MINUTE i was listening to your show earlier and you

495
00:29:57,680 --> 00:30:02,240
Speaker 7: talked about mortgage rates being. Down that was a. Shock

496
00:30:02,280 --> 00:30:04,880
Speaker 7: people were, Happy, oh mortgage rates are. Down when rates go,

497
00:30:05,000 --> 00:30:08,720
Speaker 7: down the market goes. Up and then but, wait then

498
00:30:09,600 --> 00:30:13,360
Speaker 7: some reports came out as to why are the rates. Down, oh,

499
00:30:13,840 --> 00:30:17,280
Speaker 7: oh because of recession, fears and there's a flight to.

500
00:30:17,400 --> 00:30:20,880
Speaker 7: Quality so people are going to bonds to buy bonds

501
00:30:21,200 --> 00:30:23,720
Speaker 7: as a safe. Haven that pulls up the price of.

502
00:30:23,760 --> 00:30:26,360
Speaker 7: Bonds it pulls yields. Down so yields are down down

503
00:30:26,720 --> 00:30:29,480
Speaker 7: because of recession. Fears so then the market drops, Again,

504
00:30:30,560 --> 00:30:33,080
Speaker 7: tony it's minute to minute throughout the. Day the market

505
00:30:33,120 --> 00:30:34,680
Speaker 7: reacts to every hiccup that it.

506
00:30:34,800 --> 00:30:37,400
Speaker 3: Hears by the, way when he says heard me, earlier

507
00:30:37,400 --> 00:30:39,960
Speaker 3: he was talking about the morning. Show listening to the

508
00:30:39,960 --> 00:30:43,160
Speaker 3: morning show AS i was discussing, This Doctor Matt, will

509
00:30:43,320 --> 00:30:46,880
Speaker 3: economist at The university Of. INDIANAPOLIS i appreciate and taking

510
00:30:46,920 --> 00:30:48,640
Speaker 3: the time to be with us more to get To

511
00:30:48,760 --> 00:30:51,000
Speaker 3: I'm Tony, katz and this Is Tony katz.

512
00:30:51,000 --> 00:30:54,080
Speaker 4: Today, well my thoughts are That i'm really distressed that

513
00:30:54,160 --> 00:30:58,520
Speaker 4: The Supreme court is starting to overturn lower. Courts in,

514
00:30:58,520 --> 00:31:01,400
Speaker 4: FACT i was just reading an article where several federal

515
00:31:01,480 --> 00:31:04,960
Speaker 4: judges are, saying you, know we have also been entrusted

516
00:31:05,240 --> 00:31:08,240
Speaker 4: with upholding the. Lawn when The Supreme court just gives

517
00:31:08,240 --> 00:31:11,520
Speaker 4: a one sentence overturn of the lower, courts it is

518
00:31:11,640 --> 00:31:15,280
Speaker 4: essentially taking a lot of power away from the lower

519
00:31:15,320 --> 00:31:19,080
Speaker 4: courts to rule and centralizing that power in A supreme

520
00:31:19,120 --> 00:31:21,720
Speaker 4: court that people really don't have faith.

521
00:31:21,760 --> 00:31:26,160
Speaker 3: IN i, mean That's Promila Jaia, paul the congresswoman From Washington,

522
00:31:26,200 --> 00:31:29,320
Speaker 3: state and it says if she doesn't understand how the constitution,

523
00:31:29,480 --> 00:31:33,720
Speaker 3: works The Supreme court is the only court that is.

524
00:31:33,680 --> 00:31:34,320
Speaker 2: Discussed in The.

525
00:31:34,360 --> 00:31:39,080
Speaker 3: Constitution every other court exists because of a creation By,

526
00:31:39,120 --> 00:31:42,080
Speaker 3: congress and therefore it could be taken. Away this goes

527
00:31:42,080 --> 00:31:44,280
Speaker 3: back to that story was shared it. Yesterday it WAS

528
00:31:45,280 --> 00:31:50,600
Speaker 3: Nbc news shocked shocked to find.

529
00:31:50,280 --> 00:31:54,080
Speaker 2: Out, well they shouldn't say. Shocked they posted the.

530
00:31:54,120 --> 00:31:58,680
Speaker 3: Story i'm, Shocked, No, Wight i'm not twelve judges anonymously

531
00:31:58,720 --> 00:32:01,720
Speaker 3: writing a letter of The Supreme court saying it's wrong

532
00:32:01,720 --> 00:32:03,920
Speaker 3: that you're overturning our. Decisions you don't have our. Back

533
00:32:05,440 --> 00:32:07,160
Speaker 3: the role of The Supreme court is not to.

534
00:32:07,080 --> 00:32:08,200
Speaker 2: Have the back of the lower.

535
00:32:08,240 --> 00:32:12,880
Speaker 3: Courts the role of The Supreme court is to engage

536
00:32:13,280 --> 00:32:17,360
Speaker 3: having the back of The. Constitution and if the lower

537
00:32:17,400 --> 00:32:20,880
Speaker 3: courts are engaged in, activism The Supreme court thankfully is

538
00:32:20,880 --> 00:32:26,040
Speaker 3: a check against. That Promila giapoul along with these activist,

539
00:32:26,120 --> 00:32:29,440
Speaker 3: judges along with the, left is saying that The Supreme

540
00:32:29,520 --> 00:32:33,040
Speaker 3: court shouldn't have a. Say the activist judge should be

541
00:32:33,120 --> 00:32:35,840
Speaker 3: left to be the activist. Judge and that's the end of.

542
00:32:35,880 --> 00:32:37,400
Speaker 2: It who do they think they?

543
00:32:37,400 --> 00:32:43,320
Speaker 3: Are how many more ways Does Representative giapaul or the

544
00:32:43,400 --> 00:32:46,800
Speaker 3: squad or these leftists have to tell you that they

545
00:32:46,840 --> 00:32:50,560
Speaker 3: don't believe In. America they don't believe in the. Country

546
00:32:50,840 --> 00:32:53,680
Speaker 3: they have no respect for, it they have no care for,

547
00:32:53,720 --> 00:32:55,880
Speaker 3: it they have no want for, it they have no

548
00:32:55,960 --> 00:32:57,560
Speaker 3: reason for it if it.

549
00:32:57,600 --> 00:32:59,880
Speaker 2: Is not going to do their bidding at their.

550
00:33:00,080 --> 00:33:05,160
Speaker 3: Moment they believe they should be allowed to judge shop

551
00:33:05,240 --> 00:33:08,560
Speaker 3: and everybody should. Suffer they believe they can challenge Anything

552
00:33:08,600 --> 00:33:11,800
Speaker 3: Donald trump, does and you cannot challenge anything they Do

553
00:33:15,040 --> 00:33:17,400
Speaker 3: remember what's yours is, theirs and what's theirs is none

554
00:33:17,400 --> 00:33:20,720
Speaker 3: of your. Business that's the way they, act that's the

555
00:33:20,760 --> 00:33:24,720
Speaker 3: way they go about. Engaging but this is a remarkable

556
00:33:24,760 --> 00:33:31,320
Speaker 3: conversation from the idea of this. Letter anonymous judges somewhere

557
00:33:31,320 --> 00:33:34,080
Speaker 3: you know who they. Are it's time to throw people

558
00:33:34,120 --> 00:33:38,520
Speaker 3: off the. Bench you don't have our. Backs this is

559
00:33:38,560 --> 00:33:43,680
Speaker 3: what one of the judges TOLD. NBC i don't want

560
00:33:43,720 --> 00:33:46,880
Speaker 3: The Supreme court to have your. BACK i want The

561
00:33:46,880 --> 00:33:50,200
Speaker 3: Supreme court to have my, back and that means having

562
00:33:50,240 --> 00:33:50,680
Speaker 3: the back of The.

563
00:33:50,680 --> 00:33:53,400
Speaker 2: Constitution that's ALL i. Want it's the only thing that.

564
00:33:53,480 --> 00:33:58,360
Speaker 3: Matters who cares whether you're? Happy you THINK i care

565
00:33:58,440 --> 00:34:01,760
Speaker 3: Whether Judge bosburg who wants to rule that The president

566
00:34:01,760 --> 00:34:04,760
Speaker 3: of The United states can't decide immigration. Policy you THINK

567
00:34:04,840 --> 00:34:11,360
Speaker 3: i care if The Supreme court has his. Back what

568
00:34:11,480 --> 00:34:15,040
Speaker 3: an odd thing to, think and maybe more to the,

569
00:34:15,080 --> 00:34:18,080
Speaker 3: point in a way to think about, it what a

570
00:34:18,120 --> 00:34:19,000
Speaker 3: personal thing to.

571
00:34:19,080 --> 00:34:23,200
Speaker 2: Think how dare you not back me? Up i'm a.

572
00:34:23,239 --> 00:34:30,640
Speaker 3: Judge, too Or i'm a judge AND i said, so everybody.

573
00:34:30,080 --> 00:34:30,920
Speaker 2: Has to listen to.

574
00:34:30,920 --> 00:34:37,399
Speaker 3: Me and now you're getting a member Of congress to, say,

575
00:34:37,480 --> 00:34:38,880
Speaker 3: yeah this whole third branch of.

576
00:34:38,920 --> 00:34:39,760
Speaker 2: Government thing doesn't.

577
00:34:39,760 --> 00:34:44,319
Speaker 3: Work, yeah this whole thing about checks and balances and

578
00:34:44,360 --> 00:34:46,480
Speaker 3: A Supreme, court this doesn't. Work we just want to

579
00:34:46,480 --> 00:34:50,560
Speaker 3: do our. Thing so they go about. Delegitimatizing to Quote Al,

580
00:34:50,600 --> 00:35:02,759
Speaker 3: sharpton The Supreme court again, invalid, incomplete, inconsistent. Unacceptable the

581
00:35:02,800 --> 00:35:07,279
Speaker 3: people who want to tear away at the institutions are the.

582
00:35:07,360 --> 00:35:15,560
Speaker 3: Leftist thank, Goodness trump's greatest legacy is the. COURT i

583
00:35:15,600 --> 00:35:18,440
Speaker 3: wish some of those judges were, better but take WHAT

584
00:35:18,520 --> 00:35:18,759
Speaker 3: i can.

585
00:35:18,800 --> 00:35:22,400
Speaker 2: Get keep it. Here this Is Tony Katz. Today find

586
00:35:22,440 --> 00:35:23,680
Speaker 2: everything At tony kats dot.

587
00:35:23,719 --> 00:35:25,759
Speaker 3: Com